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Back 103/3101 Sherman Avenue Northwest
Off Market

103/3101 Sherman Avenue Northwest

Washington DC 20010

1
1
523 sq. ft.
Condo
Last sold for $115,000
IOANNIS KONSTANTOPOULOSIOANNIS KONSTANTOPOULOS, last sold this property on 15 September 2022 after 465 days on market.

Overview

Investor Alert! And ONLY OPEN to INVESTORS per recorded deed instruments. PLEASE READ VERY CAREFULLY. THIS IS NOT A STANDARD SALE. Property CANNOT BE OCCUPIED as a PRIMARY RESIDENCE. The unit MUST convey with the EXISTING TENANT, who has a quasi-life estate established with DCHD. NOTE --- CASH BUYERS or HARD MONEY. THIS PROPERTY CANNOT BE TRANSFERRED LEVERAGING ANY FANNIE/FREDDIE BACKED LOANS. This tenant CANNOT be vacated and must abide by the terms and conditions of the deed restriction placed on the property. Investor Alert! This unit was fully re-modeled as part of a successful conversion to condos in 2017 and still shows remarkably well. It offer gleaming hardwood-look porcelain tile flooring, gourmet kitchens with SS appliances, quartz counters, in-unit W/D, and ample storage. The building offers low condo fees and is also pet-friendly. Allow for a savvy investor to maximize both immediate cash-flow and long term appreciation. Please contact the listing agent directly for details. CURRENT RENT = $600 a month with an agreed 10% annual increase on Jan 1 . SHOWINGS WILL BE BY APPOINTMENT ONLY TO VERIFIED PURCHASERS.

Features

1 bedroom
1 bathroom
523 sq. ft. floor area
Condo

Estimated Value

Based on this property and similar 1 bedroom condos sold in Washington over the last 12 months, the estimated median property value of 103/3101 Sherman Avenue Northwest is $315k.

Median value
$315k
Estimated value range
$179.5k - $420k
Median days on market
43
Estimated value trend
-11%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Washington. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 103/3101 Sherman Avenue Northwest

2022
Sold
$115,000
15 Sep 2022 by IOANNIS KONSTANTOPOULOS, of Compass

Happy sellers in Washington

~%

We have insufficient information to provide an overview of customer satisfaction for Washington. Viewing the agent profiles, reviews and sales for Washington can provide insights for this location.

Local market activity for 1 bedroom condos in Washington

In the last 12 months, 20 one-bedroom condos similar to 103/3101 Sherman Avenue Northwest, have been sold.

This represents a 34% increase in one-bedroom condos sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Washington

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Lala Ragimov

Lala Ragimov is a recommended agent for Washington.  They have 2 local sales and collected 1 local review across the last 12 months.

  •   5   (11 reviews)
  •  1 Review in Washington
  •  2 Sales in Washington
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Katie Wethman

Sellers who recommend Katie Wethman have praised them for being local expert, responsive, supportive, clear communication, patient, honest, and well-prepared

  •   5   (147 reviews)
  •  1 Review in Washington
  •  1 Sale in Washington
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Mark Frieden

Mark Frieden is a recommended agent for Washington.  They have collected 1 local review across the last 12 months.

  •   5   (9 reviews)
  •  1 Review in Washington
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Elizabeth Delgado-Steo

Elizabeth Delgado-Steo is a recommended agent for Washington.  They have 2 local sales across the last 12 months.

  •  2 Sales in Washington
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